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Old 11-01-2011, 06:36 PM
 
Location: Out there somewhere...a traveling man.
44,633 posts, read 61,629,357 times
Reputation: 125812

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Peanut Butter prices are skyrocketing. Today I went to the grocers and a Skippy 16.5 ounce jar was $6.99 and 2 weeks ago it was $2.79.

The news is reporting that there is a large shortage of peanuts this year due to bad weather etc. Shoppers are flocking to some stores and cleaning them out of peanut products.

See news article VVV:
Peanut butter prices skyrocketing. - NewsFeed Researcher - peanut, peanuts, prices, price, butter, year, years, comments, percent, comment, foods, jif (http://newsfeedresearcher.com/data/articles_b45/peanut-prices-butter.html - broken link)
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Old 11-02-2011, 10:36 AM
 
2,472 posts, read 3,198,524 times
Reputation: 2268
Well, we are all at the mercy of nature here. It doesn't seem there's much we can do about it except wait it out.
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Old 11-02-2011, 12:21 PM
 
1,410 posts, read 2,139,829 times
Reputation: 1171
Unlike other products, at least the media warned us in advance of the rise in peanut butter prices.
And as such, my cat's daddy went to Sam's last month and stocked up on the creamy Skippy that she loves as a treat. So now we have 6 jars of it in our cupboards. Yep, most of the Skippy will go to the cat.
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Old 11-02-2011, 01:43 PM
 
4,918 posts, read 22,684,013 times
Reputation: 6303
Same here, when they first mentioned it some time ago, I stocked up at Costco. At least there was advance warning while prices were low, but I bet many didn't act and are now shocked.
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Old 11-02-2011, 02:12 PM
 
Location: Out there somewhere...a traveling man.
44,633 posts, read 61,629,357 times
Reputation: 125812
Aaah let's eat, fresh peanut butter cookies right out of the oven...
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Old 11-02-2011, 03:42 PM
 
Location: Nantahala National Forest, NC
27,073 posts, read 11,863,660 times
Reputation: 30347
I bought an organic pb yesterday for $3.25, so there are some still out there at good price...

Quote:
Originally Posted by nitram View Post
Peanut Butter prices are skyrocketing. Today I went to the grocers and a Skippy 16.5 ounce jar was $6.99 and 2 weeks ago it was $2.79.

The news is reporting that there is a large shortage of peanuts this year due to bad weather etc. Shoppers are flocking to some stores and cleaning them out of peanut products.

See news article VVV:
Peanut butter prices skyrocketing. - NewsFeed Researcher - peanut, peanuts, prices, price, butter, year, years, comments, percent, comment, foods, jif (http://newsfeedresearcher.com/data/articles_b45/peanut-prices-butter.html - broken link)
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Old 11-02-2011, 05:05 PM
 
Location: north of Windsor, ON
1,900 posts, read 5,907,128 times
Reputation: 657
I went to a SE MI Meijer last night. The shelf tags had been covered up with new prices. They only went up 20c or so a jar around here. The prices were not nearly as outrageous as the OP, though. I paid under $3 for Velvet. We have a ton of PB. My wife's fav brand is Kraft which is only found in Canada and when we were there over the summer we bought two 1kg jars (about the size of a 40 oz jar each). The jar is really cute; it has drawings of teddy bears on it.
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